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20121101
20121130
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from washington with all of those details. tracie, good morning to you. >> reporter: hi, lynn. good morning, everyone. as we track negotiations over the next few weeks, keep in mind that the key sticking point seems to be how do you get people who earn over $250,000 to contribute more? limit their deductions? close loopholes? or raise their tax rates? today president obama meets with small business leaders continuing his push for higher taxes for the wealthy. a new white house economic report warns if tax breaks go away, the average middle-class family will owe uncle sam another $2,200 next year. >> it seems to be the thing that we can all agree on, that middle-class families should see an extension of these tax cuts. >> reporter: some prominent republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we've been open to revenue by closing loopholes as long as it's tied to spending cuts and pro-growth tax reform that brudens the base and lowers rates. >> you don't raise rates, you just cap the amount of itemized deductions that t
have set backs when it keeping waterways confined. a washington community was flooded after a beaver dam gave way. a deluge of water caused road closures and damage to at least one home. the homeowner had complained about the dam to county officials before it ruptured. and was told the army corps of engineers had been notified. >>> now let's get to your money. stocks edged higher monday. looking back the dow gained 3.3% on election day 2008. another note, historically the dow and the s&p have both performed about 30% better under democratic ppts than republicans. a federal judge threw out a patent suit hours before trial. tesla jumped 9% as it ramps you have production of the sedans. american suzuki filed for chapter 11 bankruptcy. nike is reportedly in final talks to sell its shoe brand to a private equity firm for $500 million. phillips 66 has a major gas refinery will remain idle for two to three weeks for sandy-related repairs. >>> good news. whole frozen turkeys cost only about five cents more than two years ago. anheuser-busch is asking paramount to remove the bud logo of the m
in washington. he was under investigation for violating policy by having a long-standing relationship with a woman from mexico without telling the secret service. >>> well, on thursday night football, san diego quarterback philip rivers connected on a career best 98% of his passes including two touchdowns as the chargers pounded the kansas city chiefs 31-13. >>> and only one game in the nba. the spurs edged the oklahoma city thunder 86-84. >>> now over to wall street where u.s. and asian markets were given a good boost. the dow climbed 136 points. the s&p jumped 15. the nasdaq rose 42. tokyo and hong kong finish the the week with with the nikkei gaining 104 points and the hang seng jumping 289. >>> traders and voters are watching for any surprises from today's october employment report. should be the last one before the election. expectations are about 125,000 jobs were added. that should keep the unemployment rate at 7.8%. >>> a slew of upbeat data drove thursday's momentum, including positive reports on consumers, retail, auto sales, and manufacturing. >>> well, it has been a rough
Search Results 0 to 4 of about 5 (some duplicates have been removed)

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